Incentives

State of Arizona (Arizona Commerce Authority)

  • Quality Jobs Tax Credit: Encourages business investment and the creation of high-quality employment opportunities in Arizona by providing tax credits to employers creating a minimum number of net new quality jobs and making a minimum capital investment in the state—$9,000 income tax credit for each qualifying new job.
  • Job Training Grants: Job training grants reimburse up to 75% of eligible training expenses for employers creating new jobs.
  • Research and Development Tax Credit: This program provides an income tax credit for investing in R&D in Arizona.
  • Computer Data Center (CDC): This provides Transaction Privilege Tax (TPT) & Use Tax Exemptions (UTE) at the state, county, and local levels on qualifying purchases of CDC equipment.
  • Work Opportunity Tax Credit: This is a federal tax credit provided to private-sector businesses for groups who have consistently faced significant barriers to employment.

Renewable Incentives

  • Renewable Energy Tax Incentive Program: Provides tax incentives to companies in the solar, wind, geothermal, and other renewable energy industries which are expanding or locating in Arizona.
  • Renewable Energy Production Tax Credit: An individual or corporate income tax credit is available for taxpayers who own a qualified energy generator that first produces electricity from and after December 31, 2010 and before January 1, 2021, using a qualified energy resource.
  • Commercial and Industrial Solar Tax Credit Program: Provides an Arizona income tax credit for the installation of solar energy devices in Arizona business facilities.

 

For more detailed information on any of the resources listed above please contact Senior Economic Development Manager Gregory M. Tilque, CEcD at 602.495.6475 or email gtilque@phoenixchamber.com.